Property profile

870 5Th Ave New York, NY 10065

OFF-MARKET
Specialty properties
1,800 SF
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Property summary

AI-generated overview

This exceptional 1,800 square foot medical office co-op at 870 5th Avenue, New York, NY 10065, is available for $2,000,000. Located on the Upper East Side between E 68th & E 69th Streets, this vacant space boasts five Central Park-facing windows and is conveniently situated near the 68th St - Hunter College train station (4 & 6 trains) and multiple bus lines. Currently configured as a doctor's office, the space includes a spacious waiting room, a primary meeting room with stunning city views, a reception area (accommodating up to four receptionists), a lab, multiple patient rooms, and a storage room with a separate entrance (easily convertible to an office or additional patient room). This property, rarely available, offers significant potential for customization, ideal for a variety of commercial uses including medical facilities, offices, or even a fitness center. Seller financing is available. The asking price is $1,111.11 per square foot.

Property profile

Verified
Property type Specialty properties
Total area 1,800 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Financial Advisor
  • Physician Medical Clinic
  • Clothing Store
  • Physician Medical Clinic

Location

870 5Th Ave New York, NY 10065
New York metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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